News

Market report- Geo-political relief lifts Indian equities

Indian benchmark indices opened higher on Thursday, tracking gains across Asian markets after geopolitical concerns eased. Investor sentiment improved after US President Donald Trump downplayed the possibility of a prolonged conflict with Iran, helping crude oil prices retreat from recent highs.

At 9:20 AM, the Sensex was up 0.3% at 76,786, while the Nifty gained 60 points to 23,977.

Rupee Check

The rupee opened higher by 67 paise at 94.30 per dollar, compared with Wednesday’s close of 94.97

Global Update

Asian markets traded in positive territory, with MSCI Asia Pacific Index rising 0.9%, while Japan's Topix gained 0.8%, Hong Kong's Hang Seng advanced 0.7%, and China's Shanghai Composite added 0.5%. Meanwhile, US markets ended higher overnight, amid bargain buying after the recent risk-off selloff.